Archive for the ‘HUD Section 184 Loan Program’ Category

Need Help? I can help you to understand how this works. I’ve worked with many happy buyers and this program

HUD’S Section 184 Loan Program allows borrowers to obtain a mortgage with a low down payment and pay a minimal loan guarantee fee to get into a home of their own. this program is designed to offer home ownership opportunities for eligible Native American Individuals or families, tribes and Tribally Designated Housing Entities, Including Native American Housing Authorities on their native lands.

Section 184 Program Highlights

Native American Housing Loan Guarantee program Section 184 is designed to help Native Americans and Alaska Natives obtain home ownership

Low Minimum down payment

purchase of an existing home or new construction

refinancing available for Rate and Term, Cash-out or Streamline

Fixed Rate loans

owner occupied and fee-simple loans only

Flexible underwriting

No Maximum income limits

WHO is eligible for a Section 184 Loan?

Any Native American, Alaska Native that is a member of a federally recognized tribe or an Alaska village

Native American Tribe that has qualified for the Section 184 Program

Tribally Designated Housing Entity TDHE

Native American Housing Authority IHA

Want to know more? Ask me, Penny O’Brien, REALTOR, 702.321.9383 I will be able to help you out